https://www.taxtmi.com/manuals?id=2797 Recovery of penalty under section 129 read with Rule 144A permits sale or disposal of detained or seized goods or conveyance in transit if the penalty is not paid within fifteen days of the order, subject to reduction of time for perishable, hazardous, or depreciating goods. The rule requires inventory, market valuation, auction notice in FORM GST DRC-10, possible pre-bid deposit, payment by the successful bidder within fifteen days, cancellation and re-auction in specified cases, and transfer of ownership through FORM GST DRC-12. Appeal may be filed on pre-deposit, with a deemed stay on recovery proceedings except for perishable or hazardous goods. en-us Thu, 01 Jun 2023 12:06:00 +0530 Tue, 02 Jun 2026 11:27:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=2797 Recovery of penalty under section 129 read with Rule 144A permits sale or disposal of detained or seized goods or conveyance in transit if the penalty is not paid within fifteen days of the order, subject to reduction of time for perishable, hazardous, or depreciating goods. The rule requires inventory, market valuation, auction notice in FORM GST DRC-10, possible pre-bid deposit, payment by the successful bidder within fifteen days, cancellation and re-auction in specified cases, and transfer of ownership through FORM GST DRC-12. Appeal may be filed on pre-deposit, with a deemed stay on recovery proceedings except for perishable or hazardous goods. Manuals GST Thu, 01 Jun 2023 12:06:00 +0530 https://www.taxtmi.com/manuals?id=2797